Husky Energy expects capital budget to remain flat in 2016

Dec 8 (Reuters) - Canadian oil producer Husky Energy
said it will keep its 2016 budget nearly unchanged from
2015, joining peers who are reining in spending to cope with a
massive fall in oil prices.

The company said it would spend C$2.9 billion to C$3.1
billion in 2016, compared with an estimated C$3 billion this
year.

Husky also said it is looking to sell some of its midstream
assets in Alberta's Lloydminster region, to strengthen its
balance sheet and meet its debt obligations.
(Reporting by Nia Williams in Calgary and Anet Josline Pinto in
Bengaluru; Editing by Shounak Dasgupta)